Today’s Stock On Watch: Adient PLC Just Recorded A Sigfniciant Increase

November 22, 2016November 22, 2016Louis Casey

The stock of Adient PLC (NYSE:ADNT) is a huge mover today! About 1.33M shares traded hands. Adient PLC (NYSE:ADNT) has risen 6.00% since October 23, 2016 and is uptrending. It has outperformed by 1.44% the S&P500.
The move comes after 8 months positive chart setup for the $5.23B company. It was reported on Nov, 22 by Barchart.com. We have $59.36 PT which if reached, will make NYSE:ADNT worth $313.80 million more.

Adient PLC (NYSE:ADNT) Ratings Coverage

Out of 8 analysts covering Ardent Mines (NYSE:ADNT), 5 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 63% are positive. Ardent Mines has been the topic of 8 analyst reports since October 18, 2016 according to StockzIntelligence Inc. The stock of Adient PLC (NYSE:ADNT) has “Underperform” rating given on Wednesday, November 9 by Bank of America. The firm has “Neutral” rating given on Tuesday, November 8 by JP Morgan. On Friday, October 28 the stock rating was initiated by RBC Capital Markets with “Outperform”. The company was initiated on Monday, October 24 by Goldman Sachs. UBS initiated it with “Buy” rating and $65 target price in Monday, October 31 report. As per Monday, October 31, the company rating was initiated by Wells Fargo. The firm earned “Buy” rating on Tuesday, October 18 by Seaport Global. The rating was initiated by Robert W. Baird on Tuesday, October 18 with “Outperform”.

According to Zacks Investment Research, “Adient plc is an automotive seating supplier. The company produces and delivers automotive seating for vehicle classes and OEMs. It operates primarily in the Americas, Europe, Africa, the Asia Pacific and China. Adient plc is based in Dublin, Ireland.”

More important recent Adient PLC (NYSE:ADNT) news were published by: Jsonline.com which released: “Separation of Johnson Controls, Adient completed” on October 31, 2016, also Seekingalpha.com published article titled: “Adient: An Undervalued Niche Growth Opportunity”, Bloomberg.com published: “Adient Sees Profit Rising Post-Spinoff From Johnson Controls” on September 15, 2016. More interesting news about Adient PLC (NYSE:ADNT) was released by: Wsj.com and their article: “Automotive Supplier Adient Eyes Detroit Area for New Office” with publication date: October 31, 2016.